You probably assume that if you don’t put 20% down on a home, you are going to pay PMI or Private Mortgage Insurance. While it’s true that if you take out a conventional loan, you will pay PMI with a Read More
5 Things You Should Negotiate When Buying a House
Buying a house is exciting! It’s also overwhelming. Not only do you have to determine how much you will bid on the home, there are many other aspects of the purchase contract that you must negotiate. Read More
What you Should Look for in a HELOC Lender?
Do you need money for a home improvement project or big expense in your life? A home equity line of credit may be a great option, but you need to find the right HELOC lender. Don’t assume you must use Read More
Reducing Debt With Home Equity Refinance
You are in over your head in debt. What are you supposed to do? You don’t have enough savings to get you out of debt. But, you do have equity in your home. Whether you made a large down payment or you Read More
Fixed Rate Home Equity Loan or HELOC – What’s the Difference?
Tapping into your home’s equity is possible in a few ways. The most common is the fixed rate home equity loan or the home equity line of credit. Both loans have their pros and cons. We’ll run through Read More
Avoid Doing These Things After Your Mortgage Pre-Approval
You got the pre-approval you wanted to buy a home. The relief has set in and you think you can let your guard down when it comes to your finances. Unfortunately, that’s the biggest mistake you can Read More
How to Consolidate Credit Card Debt on Your Own
Do you find yourself drowning in credit card debt and think your only way out is to refinance your home? While that’s certainly one way to do it, there are other ways, including handling the debt Read More
The Best Government Programs for First-Time Homebuyers
Are you a first-time homebuyer with very little money to put down on a home? You might think you will have a tough time finding a mortgage. Luckily, there are several government programs available to Read More
A Small Business Owner’s Guide to Mortgage Approval
As a small business owner, you have a few extra hoops to jump through when trying to get a mortgage approval. They aren’t impossible hurdles, though. As long as you know what to expect, you can Read More
Can you Put an Offer on a House Without a Mortgage Pre-approval?
If there’s one thing sellers want when you put a bid on a home, it’s a pre-approval letter from a lender. This one piece of paper lets the seller know that you are a serious buyer. Without that piece Read More